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Penske Automotive: First Quarter Retail Sales Increase 18-Percent in U.S.
Penske Automotive is one of the largest car retailers in the world. With 172 mainly premium and import dealerships in 17 states, Penske is the second largest auto dealer in the U.S. As a result, this publically-trade, Fortune 500 Company acts as a barometer for car dealers around the country and the world. Good news: Penske experienced a surge in...
2011-04-29 19:19:00 | The Car ConnectionBaggage handlers accused of drug smuggling released on bond
Detroit— A federal magistrate judge today released on bond nine people charged with participating in drug-smuggling operations at Detroit Metro Airport.
2011-04-29 19:12:00 | DetNews.comRange Rover Sport Afzal Kahn RS-300
Project Kahn has released another tuning program for Range Rover Sport. Their latest project is the Range Rover Sport Afzal Kahn RS-300, which is powered by a 5.8 liter V8 provided by Cosworth. There is no further specification, but the tuning company has equipped the mighty engine with some modifications, which will grant awesome driving [...]
2011-04-29 19:11:15 | Automobiles Review
AdSpotting: BMW 5 Series "Refuel" reintroduces us to The Ultimate Driving Machine
Filed under: Sedan, Performance, Marketing/Advertising, Videos, BMW, Luxury Company: BMWa Brand: BMW Medium: TV Ad Agency: Grey West Product: 2011 5 Series Campaign: 5 Series "Refuel" What We Like: The swagger is back at BMW. After more than a year of fooling around with "Joy" as a lead ad positioning, a new marketing team at the German automaker is re-emphasizing "The Ultimate Driving Machine" as the brand's central positioning. The 30-second ad contains what many BMW followers like - a fast (...)
2011-04-29 18:58:00 | AutoBlogCommunity Central Bank of Mount Clemens finally fails
Struggling Community CentralBank of Mount Clemens— where the bank president disappeared last fall and was later found dead with a gunshot wound to the head — finally sank under the weight of its mounting bad loans Friday. State and federal regulators seized the bank this evening and announced that Talmer Bank of Troy had acquired the deposits and most of Community Central's other assets.
2011-04-29 18:57:00 | DetNews.com
DirtFish Rally School draws the ire of neighbors
Filed under: Motorsports, Etc., Government/Legal Unless you suffer from the kind of neurological defect that causes you to turn into a grinning fool every time you hear an engine bounce off of its limiter, you might not be entirely happy to have a rally school set up shop next door. DirtFish Rally School in Snoqualmie, Washington has made a name for itself as one of the best venues in the country to learn your way (...)
2011-04-29 18:33:00 | AutoBlogDaimler profit rises on Mercedes-Benz S-Class sales in China
Daimler AG, the world's second- largest maker of luxury vehicles, reported a 71 percent gain in first-quarter operating profit as growing wealth in China boosted deliveries of the Mercedes-Benz S-Class sedan.
2011-04-29 18:27:00 | DetNews.com
The Royals make an appearance in CARS 2
Filed under: Etc., Bentley, Rolls-Royce, Toys/Games, Celebrities More new CARS 2 characters from England - Click above to view them all! The real Royal Family may be grabbing all the headlines today with the wedding of their Prince William to commoner Kate Middleton, but another Royal Family deserves some attention as well. We've learned that Pixar will be introducing a new Royal Family in CARS 2, set to open in theaters nationwide on June 24th. The Royal (...)
2011-04-29 18:01:00 | AutoBlog
Peugeot EX1 Concept claims the title for the fastest electric car at Nurburgring
Posted on 04.29.2011 18:00 by Simona Filed under: Peugeot | coupe | electric cars | world record | Peugeot EX1 | Cars | Car News For the first time in its history, Peugeot has managed to establish a world record at the Nurburgring race track. Stéphane Caillet, technical director at Peugeot Citroen, whipped around (...)
2011-04-29 18:00:00 | Top Speed
HKS shuttering U.S. operations
Filed under: AftermarketHKS is an aftermarket automotive tuning company that was founded in Japan back in 1973. In 1982, the company expanded and HKS USA was established. Sadly, the HKS team has decided it's time to shut down U.S. operations and consolidate work with its Japanese headquarters. HKS will continue to sell parts in the United States. [Source: Jalopnik]HKS shuttering U.S. operations originally appeared on Autoblog on Fri, 29 Apr 2011 17:47:00 EST. (...)
2011-04-29 17:47:00 | AutoBlogMercedes Concept A-Class will be virtually identical to the final production version
2011-04-29 17:38:58 | Auto Spies
Audi still supply constrained on many models; making huge inroads into CA
Filed under: Car Buying, Performance, Plants/Manufacturing, Audi, Luxury 2012 Audi A6 - Click above for high-res image gallery When is success a bad thing? If you're Audi, it's when you can't get adequate quantities of new vehicles to U.S. dealerships. Wards Automotive talked supply and demand with Audi of America president Johan de Nysschen, and it's apparently very difficult to keep Audi dealers stocked. The Audi prez says the luxury brand is down to a 27-day (...)
2011-04-29 17:32:00 | AutoBlogBorders hasn't shown it can pay for bankruptcy, U.S. says
Borders Group Inc., the bookstore chain operating in bankruptcy and based in Ann Arbor, today reported a loss of $24.3 million for the month ended March 26, according to court papers.
2011-04-29 17:27:00 | DetNews.com